Bengaluru — Gold jumped more than 1.5% to hit a record and marched towards the $2,000 level on Tuesday, boosted by a weaker dollar and expectations of a long, dovish stance from the US Federal Reserve as economic pain from the Covid-19 pandemic grows.
By 2.55am GMT, spot gold was up 1.4% at $1,969.76 an ounce after scaling a fresh peak of $1,980.57 in early Asian trade. US gold futures climbed 1.7% to $1,963.30. Silver also surged, rising as much as 6.4% to $26.19 an ounce, its highest since April 2013...
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